Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 2,316.4 | +0.0060 | pay 0.0007% / 1h | 53m 29s | $8.0M | $13.1M | 75x | Long TxFlow5% off | |
| SHORT | 2,319.8 | +0.0144 | get 0.0018% / 1h | 53m 29s | $1.6M | $1.5M | 25x | Short Phoenix |
Price gap+0.149%
Funding gap+0.0085% /8h
Funding trade: +$3 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$7+0.0085% /8h now · paid −0.067% over the last 7D
Price$0spread +0.149% now, avg +0.153% → −0.004% if it goes back
Costs−$170.170% of $10k · taker + slippage, in and out
Result−$24−0.24%+ Points / potential airdropTxFlow: points · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.149%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hETH on 56 exchanges
lowest funding firstBefore you open
4 ok · 1 to watch- OK: Fits both order books4.5 / 4.0 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$133 + $400TxFlow 75x, Phoenix 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval1h / 1hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$2.54Long TxFlow: 24 payments, −$1.79; short Phoenix: 24 payments, +$4.33.
- Note: Gap at its usual level+0.149% vs +0.153%The price leg adds little either way.
- Watch: Short leg is thinner$1.6M vs $8.0M OIPhoenix sets your exit cost. Check its book before closing.
- OK: Points on a legTxFlow pointsVolume here counts toward the points program.
- OK: No KYC on either legTxFlow No · Phoenix NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0032%/8h × 21 periods−$6.66
Price spread+0.149% → +0.153% (7d avg)−$0.40
Slippage, 4 orderslive order books−$1.04
Fee TxFlow bp × 2 orders−$9.00
Fee Phoenix bp × 2 orders−$7.00
Net · 7 days · $10k−$24.10
Costs to cover0.170%Break-evennever at this rate
Slippage: TxFlow: live order book, 5 min ago; Phoenix: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGTxFlow0.024.5 bp−$54.6 bp−$465.1 bp−$5077.4 bp−$3,702
SELL · SHORTPhoenix0.224.0 bp−$410.0 bp−$10020.1 bp−$2,013doesn’t fit
Closing costs about the same again.
| 10-26 06:49 | BingX | Other | #BingXBuzz 🚨 📊 $ZEC ETF extends a 3-day inflow streak, spot $BTC ETFs shed $138M on the same day ⚡ @LidoFinance opens larger Ethereum validators, operators post a separate 32 $ETH bond 🇨🇦 Canada proposes direct stablecoin cash-outs for small holders, fees capped at 1% 🏦 @BlackRock IBIT tops $65B in lifetime inflows, @Grayscale GBTC sits near $28B in outflows @BingXOfficial on X ↗ |
| 10-26 05:30 | MEXC | Other | 🎲 MEXC Monopoly is back! Roll the dice. Explore the Wealth Map. Unlock rewards in $BTC, $ETH, $SOL, $USDT & more! 🎁 📅 Until Oct 31 (UTC+8) Ready to make your next move? 👇 @MEXC on X ↗ |
| 10-25 02:43 | Injective | Other | $ETH + $SOL + $INJ Stronger Together. Few. @injective on X ↗ |
| 10-23 16:00 | Aster | Listing | BTCUSDC, ETHUSDC, and SOLUSDC perpetuals are now live on Aster. Another step forward with @arc and @circle in expanding @USDC's role in onchain trading. @Aster_DEX on X ↗ |
| 10-23 12:50 | Aster | Listing | new market ETHUSDC ($ETH) seen by our collector |
| 10-23 11:32 | Phemex | Other | When new gas rules can change how contracts handle failed calls, that's no longer a fee tweak. It's a logic change. Pausing Hoodi to test that makes sense. 👇 Does the delay change anything for your $ETH plans?yes/no 🔍 @Phemex_official on X ↗ |

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